Regulatory Alerts2007-07-31 | TED-FEM-FPC-GEN-01-93-07Notice of Meeting - Re: Financial Institutions' Cross-Border Forex Transaction Reporting
The Central Bank of Nigeria is deploying a new software called "SWIFTNet FINInform" in collaboration with SWIFT sc Brussels. This application will enable the central bank to receive duplicate copies of messages on Authorised Dealers' cross-border foreign exchange transactions via the SWIFT system. All Authorised Dealers are invited to send two schedule officers to a meeting with representatives of SWIFT sc scheduled for August 10, 2007 at 10 am in the Bankers' Committee Conference Hall at Tinubu Square, Lagos to discuss related policies, roles, operational procedures and controls.
09 61637804 09 61637802 Central Bank of Nigeria Central Business District P.M.B. 0187 Garki, Abuja E-mail address:ted@cenbank.org TED/FEM/FPC/GEN/01/092 July 30, 2007 TO: All Authorised Dealers NOTICE OF MEETING RE: FINANCIAL INSTITUTIONS' CROSS-BORDER FOREX TRANSACTION REPORTING This is to inform all Authorised Dealers that the Central Bank of Nigeria in collaboration with Messrs SWIFT sc Brussels is in the process of deploying a software application code named "SWIFTNet FINInform". The software application will enable the CBN receive duplicate copies of messages on cross border foreign exchange transactions of Authorised Dealers via SWIFT System. Consequently, all Authorised Dealers are hereby invited to send two (2) schedule officers to participate in a meeting with representatives of SWIFT sc scheduled as follows:
| Date: | - | Friday August 10, 2007 |
|---|---|---|
| Time: | - | 10.00 am |
| Venue: | - | Bankers' Committee Conference Hall |
Central Bank of Nigeria, Tinubu Square, Lagos. The meeting will discuss policies, roles, operational procedures and controls as they affect the stakeholders.
O. O. AKANJI (MRS.) DIRECTOR TRADE & EXCHANGE DEPARTMENT